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Subproject 5.3 examines the design of unemployment insurance benefits systems with regard to their potential to promote the taking up of gainful employment or to foster unemployment. Based on these findings, the effect of changed incentive structures on expenditure in the Austrian unemployment insurance benefits system will be simulated.

For the analysis of small-scale effects of EU structural and cohesion policy, data on projects funded in programming periods 2007 to 2013 and 2014 to 2020 in selected pilot regions are linked with satellite images. In addition, a regional database is created on the smallest possible scale to comprehensively analyse the effects of EU funding policy at local level.

The Tourism Report analyses the situation of the Austrian tourism and leisure industry in the reporting year 2020 in a national and international context. A central component of the report is the tourism satellite account for Austria, which includes estimates of tourist spending and the direct and indirect gross value added and employment triggered by it.

The note provides a brief overview of the main elements of the RCEP, as well as a first assessment of how it relates to the Comprehensive and Progressive Trans Pacific Partnership agreement (CPTPP) and to EU FTA's with countries in the region based on a literature review.

Öffentliche Einrichtungen wie das Bundesamt für Eich- und Vermessungswesen (BEV) erfüllen komplexe Dienstleistungen, die für das Funktionieren einer Volkswirtschaft von grundlegender Bedeutung sind. Ziel der Untersuchung ist es, die volkswirtschaftliche Bedeutung der Tätigkeiten des BEV im Sinne eines "Public-Value"-Ansatzes möglichst umfassend und konkret zu erfassen. Die Breite und Vielfalt von Leistungen und Nutzen erfordern dabei eine differenzierte Betrachtung, die in Zusammenarbeit mit contrast (EY) als Projektpartner erfolgt.

With the handover of the Quarterly National Accounts to Statistics Austria in autumn 2020, WIFO methodically redesigns the calculation of the Flash Estimates. In the new approach models are used which directly estimate the rate of change of the GDP components. As a result of the transition from a synergetic combination of Quarterly National Accounts and Flash Estimates to pure Flash Estimates, the methodological focus is shifted towards "nowcasting". To this end, the estimates are compiled on a basis using monthly and quarterly indicators that have reliable lead-time characteristics compared to the National Accounts.

This study provides an update on the trade and welfare effects of brexit for the Austrian economy calculated by WIFO in 2017 ("Estimating the Trade and Welfare Effects of Brexit. A Panel Data Structural Gravity Model"). The estimation is done with a structural gravity model on a disaggregated industry level. The results for different extreme scenarios (hard brexit and soft brexit) are compared with the current state of negotiations in November 2020.

Globalisation, European integration and new social challenges (e.g. climate change) have significantly altered the framework conditions for public sector shareholdings. The study examines the possible applications as well as the most important risk and success factors of public company participations on the basis of national experiences and international examples. The focus is on their importance in terms of business location and industrial policy.

For 2020, the economic and budgetary implications of the COVID-19 crisis and the fiscal measures to mitigate the economic effects of health policy measures to contain the epidemic will be assessed ex-ante at the micro- and macroeconomic level as well as sectorally and regionally.

Public Employment Services (PES) in European countries can support companies in an environment that is changing as a result of digitalisation, globalisation, demography or institutional framework conditions, by recruiting, consulting services, or by offering financial support to expand or secure employment. This study is intended to show which concrete instruments, projects and initiatives are set by national PES and could potentially be of interest to Austria.